Natural Health Variance
| NHTC Stock | | | USD 3.08 -0.04 -1.28% |
The Variance lookup presents technical context for Natural Health Trend and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Natural Health has a market cap of 35.46 M, operating margin of -6.51%, ROE of -3.13%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in Natural Health Trend inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Natural Health Trend has current Variance of 12.22. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 12.22 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Natural Health Variance Peers Comparison
Natural Variance Relative To Other Indicators
Natural Health Trend is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
1.63 . The Maximum Drawdown to Variance ratio for Natural Health Trend comes in at
1.63 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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